Underground mining

Cascada Silver Announces Results from Marilin Project Underground Sampling

Retrieved on: 
Thursday, July 15, 2021
Adit, Underground mining

Toronto, Ontario--(Newsfile Corp. - July 15, 2021) - Cascada Silver Corp. (CSE: CSS) ("Cascada") announces that no significant assay results were obtained from an exploration adit driven along 40 metres of the Marilin Project main vein on the 2830 metre level.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 15, 2021) - Cascada Silver Corp. (CSE: CSS) ("Cascada") announces that no significant assay results were obtained from an exploration adit driven along 40 metres of the Marilin Project main vein on the 2830 metre level.
  • These results likely define the lower depositional limit of the Marilin gold silver copper vein mineralization between the level of the adit and the 2950 metre level where recent channel sampling returned 0.6 metres grading 2.52 gram per tonne gold, 57.3 grams per tonne silver and 1.35% copper (Cascada press release dated June 29, 2021).
  • With these results in hand, we can now focus our future exploration activities within the core of the Marilin vein system.
  • Cascada is a mineral exploration company focused on silver and gold exploration in Latin America with four properties under option in Chile, including the historic Agua Amarga silver project where high-grade epithermal silver-bearing veins were mined during the 19th century.

NORNICKEL HAS RESUMED ORE MINING AT TAIMYRSKY MINE

Retrieved on: 
Friday, June 4, 2021
Mining, Krasnoyarsk Krai, Norilsk, Norilsk Nickel, Chemical elements, Stillwater Mining Company, Underground mining

Moscow, June 4, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that on June 1 the company began to gradually restart ore mining at the Taimyrsky underground mine and plans to advance mine's operations to full capacity in the near future.

Key Points: 
  • Moscow, June 4, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that on June 1 the company began to gradually restart ore mining at the Taimyrsky underground mine and plans to advance mine's operations to full capacity in the near future.
  • Currently, the mine has reached a daily mined volume of 5 kt, which is about 40% of the design capacity.
  • "Water from the horizons of the Taimyrsky mine has been pumped out.
  • As previously announced, the final stage of recovery operations at the Taimyrsky mine (4.3 mtpa of ore) is expected to be fully completed by the end of June.

Arizona Gold Drills 11.8 m of 8.8 g/t Gold Including 53.5 g/t

Retrieved on: 
Tuesday, June 1, 2021
Underground mining, Stoping, Drilling, Drill, AZG, Economic sectors, Skills, Learning

TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- Arizona Gold Corp. (TSX: AZG, OTCQB: AGAUF) (Arizona Gold or the Company) is pleased to announce additional underground drilling results at its 100% owned Copperstone gold project located in Arizona, United States.

Key Points: 
  • TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- Arizona Gold Corp. (TSX: AZG, OTCQB: AGAUF) (Arizona Gold or the Company) is pleased to announce additional underground drilling results at its 100% owned Copperstone gold project located in Arizona, United States.
  • Michael R. Smith, Technical Advisor, stated: We are pleased to announce drill results from our current in-fill delineation core drilling program.
  • Drill Hole AZG-21-P2B-02C is an down angle in-fill hole drilled southwesterly into Stope 2 and intersected mineralization where modelled.
  • Drill Hole AZG-21-P2G-07C is an down angle in-fill hole drilled southwesterly into Stope 23 and intersected mineralization where modelled.

Aurcana Silver Project Update, Filing of 1st Quarter Finanicals and Award of Options

Retrieved on: 
Thursday, May 27, 2021
Underground mining, Raise, Sedar, Hoist, Crosscut, Technology, Science and technology

During the month of May, key underground activities included continued steady advance rates in the vertical development of the alimak raises.

Key Points: 
  • During the month of May, key underground activities included continued steady advance rates in the vertical development of the alimak raises.
  • The #1 Alimak Raise development is nearly complete and ready for installation of the timber and hoist.
  • Crosscut development to intersect the main Virginius vein on the 1800 level is on schedule and process plant upgrades remain on track.
  • The Company also announces its filing on SEDAR of its Unaudited Financial Statement and Management Discussion and Analysis for the 1st quarter 2021.

K92 Mining Releases 2021 Q1 Financial Results - Record Net Cash & Process Plant Throughput

Retrieved on: 
Thursday, May 13, 2021
Explosives, Binary explosives, Underground mining, ANFO, Stope, Stoping, Stockpile, Technology, Science and technology

Production from four high-grade stopes was deferred to Q2, resulting in the plant treating a larger amount of lower grade stockpile material during Q1, while benefiting Q2 production (see March 18, 2021 press release \xe2\x80\x93 Kainantu Operations and COVID-19 Update).

Key Points: 
  • Production from four high-grade stopes was deferred to Q2, resulting in the plant treating a larger amount of lower grade stockpile material during Q1, while benefiting Q2 production (see March 18, 2021 press release \xe2\x80\x93 Kainantu Operations and COVID-19 Update).
  • This was addressed through utilizing less productive alternative explosives (ANFO and packaged explosives) and supplementing mill feed from lower grade stockpiles.
  • Financially, the last $5 million of debt was repaid and the cash balance increased to a historically strong $66 million at the end of the quarter.
  • Operationally, process plant throughput potential appears to be greater than the 1,100 tpd with several records achieved, long hope stoping continuing to perform well, and development prior to the short-term disruptions tracking above budget.

Troubadour Commences Drilling at the High-Grade Texas Gold Project

Retrieved on: 
Tuesday, May 4, 2021
Adit, Underground mining, Mining

Several showings are present on the property, including two old mines and many older trenches, pits and adits that expose mineralized veins.

Key Points: 
  • Several showings are present on the property, including two old mines and many older trenches, pits and adits that expose mineralized veins.
  • The Beaverdell mining camp is predominately known for its silver production and the presence of high-grade gold occurrences makes the Texas property unique and significantly more attractive.\nPatrick McLaughlin, P.
  • The Company is managed by an experienced team consisting of youthful and seasoned professionals with proven track records as mine finders.
  • The newly acquired Texas gold property diversifies the Company\'s commodity focus and compliments Troubadour\'s Amarillo copper project located 10 km south of the past-producing Brenda Mine in southern BC and 35 km east of Kodiak Copper\'s MPD discovery.\nFor further information please contact:\n'

Aurcana Provides Construction Update and Production Outlook for Its Revenue Virginius Mine for the Remainder of 2021

Retrieved on: 
Tuesday, May 4, 2021
Mining, Underground mining, Stoping, National Instrument 43-101, Stope, Primary sector of the economy, Natural Resources

Two stopes (mining blocks) on the 1800 level will provide the initial ore supply while stopes on the 1500 level are developed.\nIt is anticipated that four stopes will be available by year end 2021 (two stopes per level) to supply the processing plant.

Key Points: 
  • Two stopes (mining blocks) on the 1800 level will provide the initial ore supply while stopes on the 1500 level are developed.\nIt is anticipated that four stopes will be available by year end 2021 (two stopes per level) to supply the processing plant.
  • However only two stopes are required to provide the 270 tons per day as specified in the 2018 feasibility study (the \xe2\x80\x9c2018 FS\xe2\x80\x9d) prepared in accordance with National Instrument NI 43-101 \xe2\x80\x93 Standards of Disclosure for Mineral Projects (\xe2\x80\x9cNI 43-101\xe2\x80\x9d).
  • The primary resource at Shafter and Revenue-Virginius is silver.
  • Both are fully permitted for production.\nFor further information, visit the website at www.aurcana.com or contact:\n'

Joe Bennett Joins Adit Ventures as Managing Director

Retrieved on: 
Tuesday, April 13, 2021
Finance, Money, Adit, Underground mining, Advanced Diploma in International Taxation, Venture capital, Economy

b'WASHINGTON, April 13, 2021 /PRNewswire/ -- Former investment banker and finance professional Joe Bennett has joined Adit Ventures, a leading, family-office owned, venture capital investment firm, as Managing Director, Portfolio Manager.

Key Points: 
  • b'WASHINGTON, April 13, 2021 /PRNewswire/ -- Former investment banker and finance professional Joe Bennett has joined Adit Ventures, a leading, family-office owned, venture capital investment firm, as Managing Director, Portfolio Manager.
  • Joe will lead Adit\'s launch of its new innovative infrastructure investment platform to complement existing Adit offerings.
  • Please visit www.aditventures.com for further information.\n"Adit Ventures is thrilled to have Joe join our firm.
  • Mr. Bennett will lead Adit Innovative Infrastructure, the newly formed next-generation digital infrastructure investment platform within Adit.\nMr.

Golden Predator Submits Brewery Creek License Renewal Applications

Retrieved on: 
Thursday, April 1, 2021
Minerals, Films, Materials, Gold mining, Quartz reef mining, Underground mining, Predator, Quartz

VANCOUVER, British Columbia, April 01, 2021 (GLOBE NEWSWIRE) -- Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the Company or Golden Predator) advises the Company has submitted its Water Use License (WUL) and Quartz Mining License (QML) renewal applications for its 100%-owned Brewery Creek mine project located approximately 55 km by paved and gravel road from Dawson City, Yukon.

Key Points: 
  • VANCOUVER, British Columbia, April 01, 2021 (GLOBE NEWSWIRE) -- Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the Company or Golden Predator) advises the Company has submitted its Water Use License (WUL) and Quartz Mining License (QML) renewal applications for its 100%-owned Brewery Creek mine project located approximately 55 km by paved and gravel road from Dawson City, Yukon.
  • The Company has submitted renewal applications on existing terms and conditions for 10-year extensions to the Quartz Mining License (QML) Water Use License (WUL).
  • About Golden Predator Mining Corp.
    Golden Predator is advancing the past-producing Brewery Creek Mine towards a timely resumption of mining activities in Canadas Yukon.
  • For additional information on Golden Predator and the Brewery Creek Mine, please visit our website: www.goldenpredator.com .

K92 Mining Releases Strong 2020 Q4 & Annual Financial Results - Record Net Cash, Revenue & Throughput Following Commissioning of Stage 2 Plant Expansion

Retrieved on: 
Monday, March 29, 2021
Underground mining, Oz, Stoping

Strong safety record continues and one of the best safety records in the Australasia region since start of operations.

Key Points: 
  • Strong safety record continues and one of the best safety records in the Australasia region since start of operations.
  • Long hole stoping on both the K1 and K2 Veins has provided a notable positive impact on operational flexibility.
  • Record annual gold equivalent production of 98,872 oz or 95,109 oz gold, 1,853,078 lbs copper and 36,067 oz silver, representing a year-over-year AuEq increase of 20%.
  • In the third quarter, K92 achieved two major growth milestones: the completion of the Stage 2 Plant Expansion commissioning, and; the Stage 3 Expansion PEA study.